Healthful Foods manufactures pumpkin scones. For January, it budgeted to purchase and use 14,000 kilograms of pumpkin at $0.85 a kilogram. Actual purchases and usage for January were 14,250 kilograms at $0.82 a kilogram. Healthful budgeted for 56,000 pumpkin scones. Actual output was 51,300 pumpkin scones. Required Requirement 1. Compute the flexible-budget variance. (Round your answers to the nearest whole dollar. Label the variance as favourable (F) or unfavourable (U).) Flexible-Budget Variance Pumpkin costs Requirement 2. Compute the price and efficiency variances. (Round intermediary and final answers to the nearest whole dollar. Label each variance as favourable (F) or unfavourable (U).) The price variance is $ The efficiency variance is $ Requirement 3. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. The price variance reflects the actual purchase cost being budgeted yield. The company used the budgeted purchase cost per kilogram. The efficiency variance reflects the actual materials yield being quality pumpkins at a cost per kilogram. the pumpkin (materials) to make the scones than was budgeted. One explanation may be that Healthful purchased Required 1. Compute the flexible-budget variance. 2. Compute the price and efficiency variances. 3. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. -